KARACHI: The Directorate of Customs Post Clearance Audit has detected duties and tax evasion of Rs 8.54 million by M/s Rozina Enterprises Hyderabad, it is learnt here.
Sources told Customs Today that M/ Rozina Enterprises imported a consignment of aluminum made items, including window frames door frames and other things, and got it cleared from the PICT Karachi vide GDs on November 18, 2017 by paying customs duty at 6 percent after claiming the benefit of the SRO 562/2007.
However, the subject items were correctly classifiable under the PCT 2409.2479 attracting customs duty at 12 percent and income tax at 8 percent, thus, by way of mis-declaration of classification, the company evaded/short-paid Rs 8.54 million. These goods were cleared by Head Examiner Mubushir Khan.
Sources said that the importer violated the provisions of Section 23 (8-A) of the Customs Act-1969, Section 26 read with Section 48 of the Sales Tax Act-1990 and Section 121 of Income Tax Ordinance 2001 punishable under clauses (258) and 117 of Section 247(6) of the Customs Act-1969, Section 54 of the Sales Tax Act-1990 and Section 31 & 365 of Income Tax Ordinance 2001 and Section 9-A of the Sales Tax Act-1990 read with chapter X of the Sales Tax Special Procedure Rules 2007 (Special procedures for payment of sales tax by the importers) and under relevant provisions of Income Tax Ordinance 2001.
It is necessary to mention here that Post Clearance Audit will detected a number of cases during current month of February.
